Information Security Threats in Organizations and Ensuring Prevention and Recovery
It has become commonplace in contemporary organizations to have extensive IT (Information Technology) infrastructure and software and hardware assets. Indeed, with the wholesome adoption of IT by organizations, there is no organization worth its name that does not have an IT backbone no matter how small it is. This means that organizations cannot function without […]
Why Project Managers Must be Prepared to Deal with Disruptions of All Kinds
Disruption is the Name of the Game We live in an age of disruption. Indeed, disruption is the norm rather than the exception and this means that firms, businesses, governments, and individuals have to be prepared to deal with disruptions of all kinds. Considering that project managers are tasked with executing specific projects in organizations […]
The Pros and Cons of Defense Spending
There are some nations in the world who manufacture their own defense equipment. However, a majority of the countries outsource their production activity to private companies abroad. Companies like Lockheed Martin are known to extensively take contracts from foreign governments. Regardless of whether the money is spent locally or given to foreign contractors, the amount […]
The Importance of Soft Skills for Project Managers
Project Management is both an Art and a Science Project Management is both an art and a science. It is a science because project managers need to estimate budgets, draw up schedules, and manage costs and earn profits. It is an art because they have to ensure that the team gets along well and the […]
What is Project Risk ?
What is Risk ? Having the best people execute the plan does not guarantee success. There are a host of external factors which may play a role in determining the outcome regarding whether a project has been successful or not. These are called Project risks. The formal definition of a risk is an event or […]
In the business world today, every customer expects Organizations to walk the talk. Being sensitive to customer expectations and to ensure that the business operations are not hampered due to any reason, organizations have begun to take the concepts of Disaster Recovery and Business Continuity plans seriously.
The concept of Disaster recovery is of prime importance in technology companies who cannot afford any instability of failure of their systems and processes due to failure of hardware, software, applications, database, network, communications or any other technology related area. However the concept of planning for disaster recovery is not limited to technology companies alone. Most of the multinational and global organizations, research organizations as well as service sector organizations including banks, credit card companies, airlines, hospitals and others too have adapted this practice. In the ultimate analysis they have realized that it pays to cover yourself against any possible risk or threat to your business and the cost of doing so is considered to be a necessary expenditure.
Disaster Recovery and Business Continuity plans are mainly focused on getting the business process up and running in the least minimum time. However it may be noted that Disaster Recovery is not the same as Business Continuity, though both are interweaving most of the time. In both cases, the recovery plan involves the concept of Disaster Recovery or Business Continuity Center or site. One has several options available to locate and setup the DR or BC Center depending upon the nature and size of business, the criticality of business processes, location and many more parameters.
DR or BC site refers to an alternate site or location that is fully equipped and ready to use in case of emergency or need. When in case of crises or a threat, if the systems fail and the business is hampered, then a team of workers can immediately relocate to the DR or BC Site and start minimal operations as planned. Thus the DR or BC site provides an alternative and ready solution to ensure that the business is up and running.
Depending upon the plan and the nature of business, Organizations can use any one of the following options to set up the DR & BC Center.
Using the above options depends upon the business operations and the financial outlay budgeted in the DR & BC Plan. In case of IT system recoveries, the options will have to be worked out more elaborately.
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